Intergraph acquires COADE, looks to expand plant design business

Merger "will bring a new level of functionality and support for our customers worldwide"

01/06/2010


Enterprise engineering software provider Intergraph has acquired COADE Holdings Inc., which makes software for pipe stress, pressure vessel and storage tank analysis, as well as its CADWorx plant design suite.
The strategic acquisition of COADE is Intergraph's largest in the process, power and marine market. Terms of the deal were not disclosed.
Company officials said the acquisition will expand Intergraph's SmartPlant Enterprise engineering solution suite by bringing together the world leaders in plant design and pipe stress analysis. The expansion of Intergraph's SmartPlant Enterprise design, construction and data management solutions with COADE's analysis offerings creates a powerful software solution that will provide users in the marketplace with unmatched capabilities.
Intergraph officials added that the acquisition of the Houston-based software provider also extends Intergraph's market presence and ability to serve smaller projects with COADE's CADWorx solution, a modular, AutoCAD-based 3D plant design system. Intergraph is ranked as the No. 1 worldwide 3D design and process engineering tools provider according to the PET Worldwide Outlook Market Analysis and Forecast through 2013 by the ARC Advisory Group.
SmartPlant Enterprise is an integrated software suite that provides full design, construction, materials and engineering data management capabilities needed for the creation, safe operation and maintenance, and capital Project Life Cycle Management (cPLM) of large-scale process, power, marine and offshore projects. Intergraph remains committed to providing the process, power and marine industry with the broadest suite of engineering solutions on the marketplace today to the benefit of both EPCs and owner operators.
"The COADE acquisition advances our mission to provide best-in-class engineering solutions to our customers and target markets around the world," said R. Halsey Wise, Intergraph chairman, president and CEO. "This acquisition, the second in as many months, illustrates our continued commitment to invest in our product portfolio, our customers and in the future growth of Intergraph."
Reid French, Intergraph chief operating officer, said, "The combination of COADE's analysis software with our SmartPlant and SmartMarine Enterprise engineering suites further solidifies Intergraph's industry leadership. This acquisition brings together complementary design and stress analysis technologies that will allow us to deliver even greater value and productivity for our users worldwide."
"We believe the combination of COADE and Intergraph will bring a new level of functionality and support for our customers worldwide," said Thomas Van Laan, COADE president and CEO. "With Intergraph, we are confident of continuing the development of our product suites and the commitment to service that our customers have come to expect."
"The functional benefits of this acquisition to the engineering community and its ramifications to the industry as a whole cannot be underestimated," said Sid Snitkin, Ph.D., an industry analyst and vice president for ARC Advisory Group. "Both through new functionality developed internally as well as through acquisition, Intergraph continues to enhance the SmartPlant Enterprise solution to address the critical engineering needs across the engineering project life cycle."

 





The Top Plant program honors outstanding manufacturing facilities in North America. View the 2015 Top Plant.
The Product of the Year program recognizes products newly released in the manufacturing industries.
Each year, a panel of Control Engineering and Plant Engineering editors and industry expert judges select the System Integrator of the Year Award winners in three categories.
Pipe fabrication and IIoT; 2017 Product of the Year finalists
The future of electrical safety; Four keys to RPM success; Picking the right weld fume option
A new approach to the Skills Gap; Community colleges may hold the key for manufacturing; 2017 Engineering Leaders Under 40
Control room technology innovation; Practical approaches to corrosion protection; Pipeline regulator revises quality programs
The cloud, mobility, and remote operations; SCADA and contextual mobility; Custom UPS empowering a secure pipeline
Infrastructure for natural gas expansion; Artificial lift methods; Disruptive technology and fugitive gas emissions
Power system design for high-performance buildings; mitigating arc flash hazards
VFDs improving motion control applications; Powering automation and IIoT wirelessly; Connecting the dots
Natural gas engines; New applications for fuel cells; Large engines become more efficient; Extending boiler life

Annual Salary Survey

Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.

There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.

But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.

Read more: 2015 Salary Survey

Maintenance and reliability tips and best practices from the maintenance and reliability coaches at Allied Reliability Group.
The One Voice for Manufacturing blog reports on federal public policy issues impacting the manufacturing sector. One Voice is a joint effort by the National Tooling and Machining...
The Society for Maintenance and Reliability Professionals an organization devoted...
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
Maintenance is not optional in manufacturing. It’s a profit center, driving productivity and uptime while reducing overall repair costs.
The Lachance on CMMS blog is about current maintenance topics. Blogger Paul Lachance is president and chief technology officer for Smartware Group.
The maintenance journey has been a long, slow trek for most manufacturers and has gone from preventive maintenance to predictive maintenance.
This digital report explains how plant engineers and subject matter experts (SME) need support for time series data and its many challenges.
This digital report will explore several aspects of how IIoT will transform manufacturing in the coming years.
Maintenance Manager; California Oils Corp.
Associate, Electrical Engineering; Wood Harbinger
Control Systems Engineer; Robert Bosch Corp.
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
click me